GKN’s high-flying 2013 continued today as the aircraft parts manufacturer announced a £131 million pre-tax profit for the third quarter, up 34% on the same period last year.

Its land systems division, which builds construction and agricultural equipment, was weak, but chief executive Nigel Stein pointed to “automotive demand in China and North America” and high output in commercial aerospace. Shares added 7.2p to 369.7p.

Aldi and Lidl pull in more customers

Discount supermarkets Aldi and Lidl have continued to steal customers away from Tesco, Asda and Morrisons, according to Kantar Worldpanel.

Their combined market share of 6.8% overtook the Co-op’s 6.4%. Sainsbury’s was the only Big Four supermarket to grow its share, to 16.7% from 16.6%, in the 12 weeks to October 14 against the same period last year. Tesco is still the biggest supermarket with a 30.1% share.

Banker sues FCA over Whale case

A former JPMorgan Chase banker is suing the Financial Conduct Authority, claiming he was unfairly identified in official documents over the London Whale trading scandal which led to $6 billion (£3.75 billion) in losses last year.

Achilles Macris — who has not been charged with any wrongdoing — was not named but reportedly claims the FCA’s findings “clearly identify and criticise” him. The FCA has declined to comment.